1 MB - PGS

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Strong Expected Growth in E&P Spending • Spending expectations* for 2008 have increased from 125% above 1998 levels last year to 139% in this year • The corresponding number for 2009 is 159%, revised up from 138% in last year’s survey *According to SEB Enskilda’s Tenth Annual E&P Survey. Enskilda expect growth in total E&P spending in 2008, 2009 and 2010 to be 19%, 13% and 10% respectively. -12-
<strong>PGS</strong> Order Book at Record Level 1200 1000 Order Book • Order book is now above USD 1 billion – Marine USD 968 million – Onshore USD 113 million USD million 800 600 400 200 • Trend towards longer and multi-season contracts – Especially among NOCs 0 Q1 07 Q2 07 Q3 07 Q4 07 Q1 08 Q2 08 Marine Onshore -13-
Page 1 and 2: Petroleum Geo-Services ASA Petroleu
Page 3 and 4: Key Topics Covered • Key Facts Ab
Page 5 and 6: Financial Summary Revenues Adjusted
Page 7 and 8: Bringing Marine Productivity to the
Page 9 and 10: Onshore Late August 2008 Worldwide
Page 11: RRR on Slight Increase But Still To
Page 15 and 16: Increasing Demand for Advanced Seis
Page 17 and 18: Favourably Positioned on the Indust
Page 19 and 20: Marine Seismic Acquisition Capacity
Page 21 and 22: GeoStreamer®: Industrialization on
Page 23: PGS Value Drivers -23- • Focused

1 MB - PGS

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